This is a notable content of the Decree No. 145/2020/NĐ-CP guilding the Labor Code of Vietnam on working conditions and labor relations, issued on December 14, 2020.
According to the Decree No. 145/2020/NĐ-CP of Vietnam’s Government, enterprises in one of the cases eligible for deposit withdrawal need to prepare:
1. An application for permission of the President of the People’s Committee of the province for deposit withdrawal consists of:
- A written request for permission for deposit withdrawal;
- The plan for use of the withdrawn deposit: reasons for withdrawal, list of employees, amount, time and method of payment in the cases specified in Point a and Point b Clause 1 Article 18 of the Decree No. 145/2020/NĐ-CP;
- A report and documents proving fulfillment of obligations to dispatched employees in the cases specified in Point d Clause 1 Article 18 of the Decree No. 145/2020/NĐ-CP;
- The certificate of deposit payment in the cases the subleasing enterprise has its license revoked or its license is not renewed or re-issued.
2. An application for withdrawal of deposit submitted to the receiving bank consists of:
- A written request for deposit withdrawal of dispatching enterprise;
- The written permission of the President of the People’s Committee of the province (Form No. 02/PLIII in Appendix III attached to the Decree No. 145/2020/NĐ-CP);
- Deposit withdrawal documents required by the receiving bank (if any).
View more details at the Decree No. 145/2020/NĐ-CP of Vietnam’s Government, effective from February 01, 2021.
Thuy Tram
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